Vaccination card in Wallet
Apple, Inc. has decided to distribute digital copies of covid-19 vaccination cards to Apple's Wallet app for users to send to businesses and locations. In a statement released Tuesday, the company&...
Key takeaways from Apple's presentation
Apple shares rose slightly after the company's annual presentation, where it unveiled its new iPhone 13 range, the new iPad and iPad mini 2021, Apple Watch Series 7 and updates to...
Deal with SPAC
A source familiar with the matter said Pagaya Technologies Ltd. was nearing an agreement to put a value of about 9.90 billion toward a joint public offering through a merger with a specialty acquisition company.
Pagaya, based in New ...
Competition in manufacturing
Intel (INTC) is widely known as the global leader in central processing units, while Nvidia and AMD lead the way in graphics chip sales. However, Intel is preparing to release...
Payment system from Amazon
Shares in major digital payments companies Square (SQ) and PayPal (PYPL) as well as Shopify (SHOP) fell sharply on Wednesday following news that Amazon (AMZN) is preparing to offer online and offline retailers its new paym...
Nvidia & Arm deal
Nvidia (NVDA) shares fell 0.8% on Tuesday after news broke that EU authorities see not enough concessions from Nvidia on the Arm purchase deal to mitigate potential damage to competitors and gain approval from EU antitrust...
Amazon's delivery business is close to becoming a separate enterprise
Amazon's logistics business has now grown to the size of a separate company that provides delivery services to other companies. Amazon is a growing competitive threat to FedEx and...
Broadcom report
Broadcom, which supplies its chips to Apple, on Thursday reported revenue growth well below the industry average (e.g. AMD). Broadcom gives a good outlook but says it is deliberately restraining the pace of s...
The company's earnings
After Salesforce reported its most incredible quarter in the company's history, its shares rose. Also, the company safely completed a deal with Slack, at the same time that the app's revenues rose 39% for the quarter.
Salesfo...
The future is coming
Tesla has unveiled a special D1 chip to create the fastest computer for learning artificial intelligence. Elon Musk has promised to build a prototype Tesla Bot humanoid robot next year.
T...
Authorities put pressure on Alibaba Group
Alibaba (BABA) shares on the US exchange NYSE fell 4.9 per cent on Tuesday, to two-year levels, due to the release of tougher antitrust rules from China. Market analysts point to fiv...
US highway department investigation
The US National Highway Traffic Safety Administration (NHTSA) has launched a formal investigation into Tesla's autopilot system after another accident involving it.
Tesla (TSLA) shares fell 4.3% on Monday after t...
Subsidies for new plants
Intel Corp. is seeking funds to finance the construction of its chipmaking facilities. As The Wall Street Journal noted on Saturday, company chief executive Pat Gelsinger and other board representatives met with US administr...
Combating aggressive Instagram users
Instagram has unveiled several innovations designed to combat aggressive behaviour on the social network. A Limits feature has been made available to users to limit the flow of negative commen...
Sports stocks
Amid harsh criticism of the video game industry in China's state-run media the previous day, a "tidal wave" touched stocks of Chinese manufacturers of sportswear, trainers and other spo...
Goole and Qualcomm's chips
Google announced on Monday that it will start producing its own processors called Tensor for its new range of Pixel 6 and Pixel 6 Pro smartphones. This is the "beginni...
Square and Afterpay
US fintech company Square Inc, founded by Twitter founder Jack Dorsey, has entered into an agreement with Australian online payment merchant Afterpay Limited to swap shares worth $29bn, according to a statement from Squ...
Revenue growth and forecasts
Microsoft reported stronger fourth fiscal quarter results than Wall Street expected on Tuesday. Component shortages for Xbox and Surface were offset by strong sales of Azure, software products and dig...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
Electric car production
By 2022, Mercedes-Benz expects to have battery electric vehicles (BEVs) in all the segments it serves. Starting in 2025, all new models will be electric only, for which the company will create three new platforms in 2025, des...
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